Age Care Labs, India's most comprehensive elder care platform operating through its market-leading brands Emoha and Epoch Elder Care, today announced the successful closure of its ₹85 crore (USD 9 million) Series B1 funding round.
The strategic investment round was led by the Shrem Group, with strong participation from high-profile institutional backers including Rainmatter (Zerodha), Pegasus Finvest, and several other prominent domestic family offices. This Series B1 round serves as the initial tranche of a larger, comprehensive ₹250 crore (USD 30 million) Series B round scheduled for formal launch in the first quarter of 2027.
The fresh capital will be heavily deployed to strengthen Age Care Labs' integrated elder care tech platform, expand its specialized B2C service offerings, invest in proprietary remote-health technology, deepen institutional healthcare capabilities, and accelerate its next phase of rapid geographical expansion across major tier-1 and tier-2 urban corridors in India.
The Birth of 'Shremoha': Redefining Senior Independent Living
Alongside the equity investment, Shrem Group and Age Care Labs have entered into a definitive strategic joint venture to establish Shremoha, a premium senior independent living platform engineered specifically for India's rapidly growing, affluent senior demographic.
The establishment of Shremoha addresses a critical macroeconomic shift. India's senior population is expanding rapidly, accompanied by rising life expectancies, changing nuclear family structures, and a surging demand for professionally managed, secure residential spaces. As the lifestyle aspirations of older Indians evolve, there is a distinct market pull for spaces that offer full independence, comprehensive safety nets, physical community engagement, and immediate medical access without compromising on premium comfort.
Blending Geriatric Expertise with Hospitality and Real Estate
The Shremoha platform is uniquely positioned to capture this market by combining the distinct structural strengths of both founding entities into a single asset-heavy, service-rich operator model:
Shrem Group's Infrastructure Strength: Brings extensive experience across large-scale real estate engineering, premium hospitality management, nationwide infrastructure development, and patient, long-term asset capital.
Age Care Labs' Geriatric Depth: Injects decades of specialized operational experience in clinical elder care, health monitoring, emergency response logistics, and palliative care workflows.
Integrated Care Communities: Shremoha will design and build modern senior living properties that seamlessly combine independent residential living with hospitality-driven services, preventive wellness programs, and coordinated professional care.
Executive Perspectives on India's Senior Care Evolution
The leadership team emphasizes that modern Indian seniors view retirement not as a withdrawal from society, but as a vibrant, active chapter of self-expression.
“At Emoha, our mission has always been to help seniors age with dignity, independence, and joy," stated Saumyajit Roy, Co-founder and CEO of Emoha. "Through Emoha and Epoch, we have built extensive operational experience across the entire senior care continuum—stretching from specialized care at home to assisted living and advanced rehabilitation. Shremoha allows us to bring that clinical and operational capability directly into the senior independent living sector, partnering with an institution that deeply understands real estate execution, premium hospitality, and long-term platform creation."
Highlighting the cultural shift driving the partnership, Nitan Chhatwal, Founder and Managing Director of Shrem Group, added:
“India is at the very beginning of a major demographic shift in how seniors choose to live. The upcoming generation of older adults is fiercely independent, aspirational, and highly focused on their overall quality of life. They want to live better, surrounded by community, safety, and instant access to professional care when required. Shremoha is built precisely for this cultural shift. By merging Shrem’s real estate, infrastructure, and capital capabilities with Emoha’s unrivaled senior care expertise, we are building a category-defining senior independent living platform for the Indian subcontinent.”
About Shrem Group
Established in 2011 and headquartered in Mumbai, Shrem Group is a highly diversified industrial conglomerate with a robust footprint spanning real estate engineering, premium hospitality, financial services, and infrastructure development. The group specializes in long-term platform creation within highly stable, asset-backed sectors. For more details, visit shrem.in.
About Age Care Labs
Age Care Labs is India’s premier full-stack eldercare platform operating under two marquee consumer brands: Emoha, which delivers holistic, tech-enabled senior care services directly at home (including emergency medical response, health monitoring, and hospital accompaniment), and Epoch Elder Care, which manages specialized, asset-light assisted living homes focused on dementia care, Parkinson’s management, and professional neurological rehabilitation. The parent firm is backed by institutional investors including Lumis Partners, Rainmatter, Gruhas, KOIS Invest, and select global family offices.
About Shremoha
Shremoha is a premium senior independent living platform launched via a strategic partnership between Shrem Group and Age Care Labs. The entity develops and operates care-enabled, hospitality-led residential communities tailored for modern seniors, integrating lifestyle comfort with institutional healthcare backstops.
